The data is in.
It’s a $1.7tn figure with a generous splattering of Tencent.
How China might (emphasis on ‘might’) respond to capital controls.
David Marcus says Libra is an “instrument of development” that will (somewhat paradoxically) allow Western nations to preserve their influence.
Luxury fashion meets surveillance suppression chic.
When tariffs close a door in one place, they open a window elsewhere.
Plus, a text-based follow-up on his views about Facebook's Libra.
The educational balance of payments is finally being accounted for.
Look at the indirect effects as well.
US consumers are feeling the pain.
It will create a lot of volatility.
New chart from Torsten Slok.
After a trade deal, America will need an industrial policy.
What does a “stable” Chinese currency even mean?
